New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-05-16

ment OF the features to which We directed special atten
ton @ week ago Tho demand for railroad honds not
only continued but also largely increased and took III
wider OF issues Almost every issue that was w
demand week shows some advance In Its price ana
OF the speculative kinds, which have become aclVe
only during the last week. show large advances. This
element Of strength which has not is origin with any OF
the leading Spectators last week embraced the pest
portions Of the stock market As q rule u wa,
the best classes OF shares which unmarried nled
Simply because Of the .pringing mp OF
demand which did not cease with an advance OF frac
ton Of per cent In respect last week the mar
ket traders markets in fact the traders were al NJ
sea with e n h % te advarces
they disposed TO- and did, aDtagOnize continued
movement Tho week opened with CONTINUATION OF !ne
week. On Monday strong effort was made to further
reduce values and In the early hours the @a ss
and before night 1t became evident that the buvng was or
kind which purchases for OF per cent The mar
kct that evening closed little change from the preceding
Saturdays final figures, and we quoted it closing
strong From Tuesday morning the end OF the week
the upward movement was almost continuous There
was no rushing up prices but the gains made were
slow and gradual with fair of business done at
each fractional advance. While the movement began
stocks continued to be the conspicuous features OF the
whole week. better temper extended In ma
line shares rather slow In catching on" but when
they did so they developed strong unertone despite
determined opposition to any advances for them 10 Is
hardly possible that these stocks should long be neg
lected the aceQf such earnings for the month OF April
as the NewYork Central and Lake Shore have made, the
increase such being equal TO about 20 cent IL Is
expected that Pennsylvania and Erie will make CORE
spOndngly good returns for the month OF APRIL and we
know the first week OF May the NewYork Central
and Lake continued TO make gains of about the same
proportions as those for the month OF April The lower
slower than the best OF the
trunk lines In participating In the Improvement nut
nearly all OF them show some final gains for the week
and close with uppish look for the future Norfolk
and Western stocks specially active and strong
upon reports OF satisfactory arrangement for inter
change OF traffic with the Pennsylvania Railroad The
advanced Fort Worth and Denver seems TO nave cu-
minated with the covering Of shorts at ab0nt G2 It's
price declined to 527s, but recovered TO 03-s.
Western Union sold up Dig per cent to IS
and closed only e lower than ts best figure the
special feature Of the market for the week was that IL
belonged TO Spectator nor TO any clique OF spec
latOrs in fact It's movements were made despite the
opposition OF the leading spectators OF the street How
long II will be before they will "catch on and try 10
lead in a movement which they have failed To stem, Is
problem which perhaps this week may solve The ind-
cations are that short" interest In the market
nearly. II not quite. large as IT week ago; IN
the high priced Changers 1t certainly IS
larger The Interstate Commerce law mas
ceased 10 he q factor in the market Despite bank
statements the money market rules easy enough and AZ
the Same time the supply IL not abundant as ~ ind
cate any diminuton OF its employment In legitimate
enterprises.
suboined Is usual table giving the highest. lowest
and final prices and number OF shares sold for the week.
together with the final prices Of week ago. OF seventy
eight active representative stocks prexed by the
prices Of May 49, 1856:
WEEKLY RANGE